| Business Summary | | Safeway
Inc.
is
a
food
and
drug
retailers
with
1,688
stores.
Safeway's
United
States
retail
operations
are
located
principally
in
California,
Oregon,
Washington,
Alaska,
Colorado,
Arizona,
Texas,
the
Chicago
metropolitan
area
and
the
Mid-Atlantic
region.
The
Company's
Canadian
retail
operations
are
located
principally
in
British
Columbia,
Alberta
and
Manitoba/Saskatchewan.
In
support
of
its
retail
operations,
the
Company
has
an
extensive
network
of
distribution,
manufacturing
and
food
processing
facilities.
In
addition,
Safeway
owns
interest
in
Casa
Ley,
S.A.
de
C.V.,
which
operates
97
food
and
general
merchandise
stores
in
western
Mexico. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Safeway
Inc.
is
engaged
in
the
opertion
of
retail
supermarkets,
with
over
1,680
stores
(as
of
12/00)
located
throughout
North
America.
For
the
24
weeks
ended
6/16/01,
sales
rose
8%
to
$15.65
billion.
Net
income
rose
13%
to
$591.2
million.
Revenues
reflect
the
opening
of
new
stores
and
the
acquisition
of
Genuardi.
Earnings
also
benefitted
from
the
continuing
improvements
in
buying
practices,
shrink
control,
private-label
growth
and
spending
adjustments. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Steven Burd, 51 Chairman,
Pres, CEO | $2.5M | Vasant Prabhu, 41 Exec.
VP, CFO | 3.1M | Rick Dreiling, 47 Exec.
VP, Marketing and Manufacturing Operations | 959K | Larree Renda, 42 Exec.
VP, Retail Operations | 959K | Melissa Plaisance, 41 Sr.
VP-Fin. and Investor Relations | -- | Dollar amounts are as of 1-Jan-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|